Winslow Memorial Hospital Inc

Analysis

Winslow Memorial Hospital Inc is a registered charity in United States, based in Winslow, AZ. It received its IRS tax-exemption ruling in September 1955, 71 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Winslow Memorial Hospital Inc reported income of $40.6m and spending of $43.6m, spending 107% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $38.2m to $40.6m (+6.3%), an average of +2.1% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Winslow Memorial Hospital Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Montage Medical Group ($40.6m), Bio Bridge ($40.6m) and Radiology Associates of Childrens Hospital Inc ($40.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.0m (2.3% of expenses). Other salaries and wages came to $16.6m. At year end it held assets of $46.4m against liabilities of $19.3m, net assets of $27.1m. It reported 328 employees.